Gold/silver move east

To further support this position, a Singapore retailer of coins and bars announced the opening a 600-ton silver vault, with capacity to hold $390 million in silver at current prices. This facility follows a 200-ton vault opened last summer by a different firm. The 200-ton vault is now full.

As silver becomes cheaper relative to gold, i.e., the gold/silver ratio rises, now at 65, silver holds greater upside potential than gold. In 2013, silver fell 36 percent while gold fell 28 percent. Assets in exchange-traded products backed by silver rose 1.9 percent in 2014, climbing for a third year, as gold holdings were little changed. Investors who can handle silver’s bulk and weight should seriously consider silver at these prices.

One Response to “Gold/silver move east”

Bill-fascinating post-with trends like this you feel lots of reason to buy silver bars, coins and rounds. I hope to soon see a SILVER MART page on your website with numerous types of packages and prices to capitalize on this great moment to invest in physical silver.

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